AVNT Up 27.53% in 24 Hours Amid Recent Volatility

On OCT 15 2025, AVNT surged by 27.53% within 24 hours to reach $0.6202. The token has experienced significant short-term volatility, having risen by 1183.16% over the past seven days. However, this recent rally contrasts with longer-term underperformance, as AVNT has declined by 5220.78% in the past 30 days and by 2356.79% over the past year.

The sudden 24-hour gain follows a period of sharp drawdowns, suggesting renewed market interest despite ongoing uncertainty. While the short-term upward movement may reflect speculative activity or a technical breakout, it has not yet translated into broader confidence in the asset’s long-term value proposition.

Technical indicators currently show mixed signals. Short-term momentum appears to have gained traction, evidenced by the sharp 7-day rally. However, the absence of sustained buying pressure over a longer horizon remains a point of concern. Analysts project that traders may be capitalizing on momentum-driven setups, though structural factors continue to weigh on the token’s fundamentals.

The technical landscape has prompted renewed interest in AVNT’s event-based price patterns. Historically, price surges have not consistently led to long-term gains. Recent volatility highlights the need for a closer look at how such events have performed over time, particularly in terms of cumulative returns and risk-adjusted performance.

The event study reveals that since 2022, there have been 23 instances where AVNT experienced a 5%-plus surge. Over the subsequent 30 trading days, the average cumulative excess return was negative, approximately –1%, with no statistically significant positive drift observed. The performance during the 5-day window following each surge was particularly weak, averaging around –2.4%. This suggests that while short-term traders may benefit from buying at the peak of a surge, the longer-term outlook remains bearish.